STUDENT’S NAME: RANAJN PRIYADARSHI
Project Title: Costing strategy in weak Economy
Project Guide: Prof.B.Banerjee
Background: Cost estimation is an important part of product development. The companies which are working as sub contractor of organizational companies, cost estimation is basically an agreement between the manufacturer and the customer. The programme was prepared as a web application with the aim of wide access to any necessary product information by manufacturers and customers.
Objective:To develop an alternative solution of costing with extrapolation of the existing methods and detailed analysis of the working procedure to help Atraco combat with the existing weak order flow.
Methodology:Extrapolation of the existing working system keeping in mind the changes going to incur and also without a great amount of monetary loss. To develop an alternative costing sheet which can provide a better way to meet the targets.
Findings: A new way of calculating costs was developed which enabled to manage the order flow at lower margins and quote the best prices. Since Bangladesh is the biggest threat, this approach helped Atraco to quote at the prices slightly lower than the target price of Bangladesh.
Conclusion: Several changes in the costing sheet helped to get orders of around 25,0000 pcs for the new season even in this holocaust situation.